Rare opportunity to own a fully leased, turn-key fourplex in the heart of Springville. This income-producing property has a history of exceptionally low vacancy, with all four units consistently occupied. Each spacious 3-bedroom, 1-bath unit has been updated in the last three years with new cabinets and flooring, creating durable and attractive interiors for tenants. Major capital improvements include a new roof, new asphalt parking lot, and new furnaces and AC units, reducing future maintenance needs. Professional property maintenance is already in place, offering investors peace of mind and low management demands. With current gross rent over $5,400 per month, an attractive cap rate, and projected long-term returns, this property is ideally positioned for both immediate cash flow and appreciation. Located on South Main Street, tenants enjoy easy access to shopping, dining, schools, and freeway connections in one of Utah County's most desirable and fastest-growing communities.
For sale
$999,900
670 S Main St APT 1-4, Springville, UT 84663
12beds
4baths
3,852sqft
Est.:
Quadruplex
Built in 1970
-- sqft lot
$968,200 Zestimate®
$260/sqft
$-- HOA
What's special
Durable and attractive interiorsNew asphalt parking lotNew roof
- 12 days |
- 250 |
- 23 |
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